<i>"But this is demonstrable nonsense. Yes, there have been media autopsies of the few notable subprime lenders who have gone belly up. More are certainly in the wings. But what makes this a systemic problem?"</i>
Good question... please direct that squarely towards Bernanke and minions. Why did they cut rates 50bp today?
Good question... please direct that squarely towards Bernanke and minions. Why did they cut rates 50bp today?
